Ammonium Sulfate Global Market Report 2024

Ammonium sulfate, a white and odorless solid, is extensively utilized in agriculture as a soil fertilizer and in various agricultural applications. Beyond agriculture, it serves as a versatile substance employed in food additives, wood preservation, and acts as a reagent. This inorganic salt is produced through the reaction of sulfuric acid with two equivalents of ammonia.

Ammonium sulfate is available in solid and liquid forms, with the solid form commonly found in the shape of salt or powder, primarily applied as a fertilizer in the agricultural sector. Its diverse applications span fertilizers, pharmaceuticals, food and feed additives, as well as water treatment, underscoring its significance across various industries.

The ammonium sulfate market research report is one of a series of new reports that provides Ammonium sulfate market statistics, including ammonium sulfate industry global market size, regional shares, competitors with an ammonium sulfate market share, detailed ammonium sulfate market segments, market trends and opportunities, and any further data you may need to thrive in the ammonium sulfate industry. This ammonium sulfate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The ammonium sulfate market size has grown strongly in recent years. It will grow from $3.61 billion in 2023 to $3.91 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. During the historic period, the growth of ammonium sulfate was fueled by factors such as economic expansion, increasing demand in agriculture, government subsidies, population growth, and a surge in the chemical industry.

The ammonium sulfate market size is expected to see strong growth in the next few years. It will grow to $5.48 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. In the forecast period, the growth of ammonium sulfate is expected to be driven by factors such as the need for increased crop yields, adherence to environmental regulations, concerns about food security, a growing pharmaceutical sector, and rising disposable income. Noteworthy trends include the adoption of biostimulants and micronutrients, the development of customized fertilizer blends, the advancement of precision agriculture, increased collaboration and partnerships, and a shift towards sustainable agricultural practices.

The ammonium sulfate market is experiencing growth due to increased demand for agrochemicals. Agrochemicals, vital for enhancing soil nutrients and crop development, have gained adoption in agricultural communities globally, driving the demand for ammonium sulfate. This compound is widely used to address alkaline soil conditions by releasing ammonium ions upon application, thus reducing soil pH and providing nitrogen to support plant growth. According to a 2021 report from CARE Ratings on the agrochemicals industry, technical-grade agrochemical production surged by 11.9% in FY21. Consequently, the escalating demand for agrochemicals is expected to stimulate the ammonium sulfate market during the forecast period.

The ammonium sulfate market is poised for growth due to the increasing demand for agricultural products. Agricultural products, both raw and processed, are integral components of global food production. Ammonium sulfate is a widely employed fertilizer in agriculture, particularly for crops that require nitrogen and sulfur. Notably, the demand for wheat in Africa is projected to rise, driving the continent's wheat purchases to 54.0 million tons in 2022–23, marking a 5% increase from the previous year, according to the Food and Agriculture Organization of the United Nations. Furthermore, there is a substantial forecasted growth in food demand, estimated to increase by 59% to 98% by 2050, as reported by the Harvard Business Review. This surge in the demand for agricultural products is a key driver of the ammonium sulfate market's growth.

Research and development activities represent a prominent trend in the ammonium sulfate market. Organizations are actively engaged in research and development initiatives aimed at enhancing the efficiency of ammonium sulfate production processes. For instance, Alto University, in collaboration with various stakeholders, introduced the NPharvest project. NPharvest is a method designed to recover significant levels of nitrogen and phosphorus present in wastewater, resulting in a nutrient-rich slurry high in phosphorus and calcium, along with a pure ammonium sulfate solution suitable for use as fertilizer. The NPHarvest process conserves energy and natural resources by reducing nutrient discharge into water bodies and lowering the energy and chemical inputs required for aeration and wastewater treatment. This innovation is poised to advance the manufacturing of recycled fertilizer while contributing to environmental sustainability.

Prominent companies in the ammonium sulfate market are at the forefront of innovation, with the introduction of novel products like CarbonCoat and expanding their market presence. CarbonCoat Technology represents a groundbreaking, patented manufacturing process designed to enhance fertilizer granules. It involves the bonding of fertilizer granules with a potassium humate coating, resulting in the creation of clean, spherical, free-flowing granules that simultaneously deliver nitrogen and humic acid. An illustrative example of this innovation is evident in the actions of The Andersons Plant Nutrient Group, a US-based company within The Andersons, Inc., a diversified US-based corporation operating across various sectors, including agriculture. In March 2023, The Andersons Plant Nutrient Group unveiled the CarbonCoat technology, which combines ammonium sulfate granules with humic acid, giving rise to an ideal fertilizer. The CarbonCoat product range encompasses various offerings such as Humic Coated Urea (HCU), Poly-Coated Humic Coated Urea (PCHCU™), and Humic Coated Ammonium Sulfate (HCAS).

In July 2022, Evonik Corporation, a German-based specialty chemicals company, initiated a partnership with Interoceanic Corporation, a US-based firm specializing in the procurement and distribution of bulk chemical fertilizers and industrial chemicals. This collaboration sought to offer Interoceanic Corporation the blueSulfate solution, a liquid form of ammonium sulphate with a composition of 8-0-0-9 (IOC). The strategic arrangement involved the distribution of high-value byproducts from Evonik's methionine manufacturing network for crop fertilization through Interoceanic Corporation. This collaboration was aligned with Evonik's overarching objective to concentrate on its core business in animal nutrition while expanding the reach of its high-quality agricultural offerings through Interoceanic Corporation's distribution network.

Major companies operating in the ammonium sulfate market include Lanxess AG, Arkema SA, Sumitomo Chemical Co Ltd., DOMO Chemicals GmbH, Evonik Industries AG, Badische Anilin- & Sodafabrik SE, GAC Chemical Corporation, G. Frederick Smith Chemical Company, Honeywell International Inc., DSM-Firmenich AG, AdvanSix Inc., OCI Co Ltd., Nutrien Ltd., Rentech Inc., KuibyshevAzot PJSC, UBE Industries Ltd., Toray Industries Inc., China Petrochemical Development Corporation, China Petroleum & Chemical Corp (Sinopec), Solvay S.A., Grodno Azot OJSC, Public Joint Stock Company, PJSC Togliattyazot, JSC EuroChem Mineral and Chemical Company, PhosAgro, Achema AB, Dorogobuzh Public Joint Stock Company, Jiangsu Huaihe Chemical Co Ltd., HELM AG

Asia-Pacific was the largest region in the ammonium sulphate market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ammonium sulfate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the ammonium sulfate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The ammonium sulfate market consists of sales of ammonium sulfate that is used as a food additive and as insecticide. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.